Israeli firm Retalix Ltd, a provider of integrated enterprise-wide software solutions for the retail food industry, has named Jeffrey E. Yelton as CEO of Retalix Inc., the firm’s US subsidiary.
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Yelton will oversee the software designer’s entire US operations and report directly to Retalix Ltd’s CEO and president, Barry Shaked, effective 1 August.
“We are delighted that Yelton has agreed to accept the position of CEO of Retalix Inc.,” said Shaked: “This is an important appointment for Retalix as we seek to capitalise on our growing presence in the US arena. Sales in this marketplace now account for over 60% of our total revenues.”
Yelton joins Retalix from Kyrus Corporation, IBM Corporation’s largest provider of Point of Sale systems.
Yelton said: “Retalix has been enjoying a period of sustained growth throughout the US. I am looking forward to the challenge of continuing the impressive growth trajectory in this key region and building on the enviable reputation that Retalix has forged in the marketplace.”
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